Ninth Circuit backs Nevada in Kalshi prediction markets dispute
The ruling permits Nevada to apply its gaming laws to Kalshi’s operations in the state.
The ruling permits Nevada to apply its gaming laws to Kalshi’s operations in the state.
Ukraine’s strategy brings institutions together for prevention, treatment, rehabilitation and stronger action against illegal gambling websites and advertising.
Kalshi permanently barred Santos after concluding he likely profited from insider trading on wagers concerning his own attendance.
Court splits over prediction markets leave operators and suppliers facing differing rules across US circuits.
The ruling keeps Nevada's action against Kalshi in place and tests how far prediction markets can operate outside state gambling regimes.
The ruling keeps Nevada's gambling enforcement in place against Kalshi's sports event contracts while the underlying lawsuit proceeds.
A federal appellate split over prediction markets exposes operators and state regulators to conflicting court standards and possible Supreme Court review.
Conflicting appellate rulings on Kalshi could bring the dispute before the Supreme Court.
The court ruled against Kalshi’s Nevada sports contracts while leaving federal pre-emption unresolved for election contracts.
Nevada can enforce gambling laws against Kalshi’s sports event contracts following rejection of its federal pre-emption argument.
Police enforcement brought charges against suspected illegal bet collectors and removed officers over failures to contain illegal gambling.
September marks the 28th Responsible Gaming Education Month, while almost 60% of Americans gambled in some form last year.
The ruling allows Nevada regulators to act against Kalshi’s prediction market operations despite its federal commodities law argument.
The ruling affects how prediction-market operators can offer sports event contracts in the US market.
The chamber’s renewed efforts aim to make construction of the proposed Nagasaki casino feasible.
Surveyed online sports betting participation increased from 6% to 10% among US adults, reaching 17% among adults under 30.
MGM Excavating’s liens seek more than $3.8m for allegedly unpaid work, including sums for two subcontractors.
The guidance prevents platforms supervised by CSA and CIRO from offering sports and entertainment prediction contracts in Canada.
Lottery employers face an 8.5% basic salary increase and higher employer-paid life and funeral insurance premiums.
Paradise Entertainment’s shift from profit to loss accompanies no interim dividend for shareholders.
Connecticut’s lawsuit seeks to halt Kalshi’s sports contracts and impose penalties and repayment of revenue generated in the state.
Connecticut seeks to stop Kalshi’s alleged unlicensed sports wagering, while Kalshi asserts exclusive CFTC jurisdiction and appeals an enforcement ruling.
Gambling and betting tax receipts increased 76.86%, with the total covering betting, Caixa lotteries and associated federal taxes.
Kalshi faces a lawsuit seeking to stop its Connecticut sports contracts while contesting state gambling authority under federal oversight.
The disputes concern whether federal oversight of sports event contracts pre-empts state and tribal gambling regulation.